Oracle soared more than 13 percent to reach a record high on signs it was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia. The company has pitched itself as a low-cost cloud provider and spent billions of dollars on nvidia chips as it looks to compete with industry heavyweights Amazon.com and Microsoft. At least 14 analysts raised their price targets on the stock, pushing the median view to US$13
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